Kyle Bass Dumped Herbalife And Picked Up A Bunch Of General Motors Last Quarter

Kyle Bass' Hayman Capital just released its
Q4 2013 13F — the SEC filing that discloses a hedge fund's
long stock positions.

So lets see what Bass, who is mostly known for his macro calls,
picked up (and dumped over the last quarter).

Hayman Capital dumped its entire stake of over 2.2 million
Herbalife shares. The stock has been quite controversial since
the end of 2012, when Pershing Square's Bill Ackman disclosed
that he was shorting the stock to zero.

Hayman also dumped its stake in another stock Ackman was once
associated with, JC Penney. It had owned over 5.6 million shares
valued at over $50 million.

As for notable pickups, Hayman bought over $201 million worth of
General Motors.